Latvia vs Montenegro: Borrowers from commercial banks
Latvia
304.1 per 1,000 adults
in 2024
Montenegro
321.87 per 1,000 adults
in 2024
Latvia rank
40th
Montenegro rank
37th
Borrowers from commercial banks over time
- Latvia
- Montenegro
How they compare
Montenegro currently reports 321.87 per 1,000 adults against 304.1 per 1,000 adults in Latvia, a difference of 17.77 per 1,000 adults.
That makes Montenegro's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 17 shared years of data; in 2008 it was Latvia ahead.
Latvia ranks 40th and Montenegro ranks 37th of 113 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Montenegro in 1.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 329.46 per 1,000 adults | 263.42 per 1,000 adults | 66.04 per 1,000 adults | Latvia |
| 2010s | 345.89 per 1,000 adults | 226.24 per 1,000 adults | 119.65 per 1,000 adults | Latvia |
| 2020s | 293.77 per 1,000 adults | 295.31 per 1,000 adults | 1.54 per 1,000 adults | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher borrowers from commercial banks, Latvia or Montenegro?
- Montenegro, at 321.87 per 1,000 adults against 304.1 per 1,000 adults in Latvia as of 2024.
- What is the difference in borrowers from commercial banks between Latvia and Montenegro?
- 17.77 per 1,000 adults, with Montenegro ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 17 years are reported by both, from 2008 to 2024.
- How do Latvia and Montenegro rank globally for borrowers from commercial banks?
- Latvia ranks 40th and Montenegro ranks 37th of 113 countries.
- Where does this data come from?
- Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.